A Tax Credit Financing Loan In Canada : SRED Finance Allows You To

Do More With Less With Your SR ED Clai

!ow To "et Ahead #ia SR$ED Loans
%#ER#IEW & In'oration on the (ene'its o' a SR$ED tax credit 'inancing loan in
Canada) SRED Finance loans are a wa* to oneti+e *our SR ED credits , allowing
*ou to cash 'low re'unda(le tax credits 'or wor-ing ca.ital needs toda*
A SR&ED tax credit 'inancing loan for your refundable SR&ED credits satsifies one
basic need - recovering your r&d spending ! Let's dig in .
Tere's really only one reason to consider SRED !inance loans - accessing cas flo"
today# eli$inating te "ait around your SR ED filing. %t's really as si$ple as tat.
Tere are a nu$ber of "ays to loo& at "y 'anada as cosen an ' incentive ' type
progra$ to encourage 'anadian business o"ners to participate in scientific researc.
'anada Revenue Agency ad$inisters te progra$# and pretty "ell all top e(perts agree
tat it)s a tre$endous "ay to receive a cas refund for *ualified spending.
Te $a+ority of te SR&ED clai$s in 'anada are prepared by e(ternal consultants "o
ave a lot of e(pertise in tis area. ,en you finance your clai$ you sould &no" tat
te overall reputation and *uality of your clai$ as a lot to do "it tat consultant. And
given tat te $ain collateral for a ta( credit loan is in fact te clai$ itself it goes "itout
saying tat its one &ey factor in approving your clai$ for financing. -aturally if you ave
filed before "it te sa$e consultant tings $ove along even $ore *uic&ly.
Altoug te progra$ as been around for over ./0 years in recent ti$es significant
canges ave been $ade to te progra$. At te end of te day tese canges could
probably be su$$ari1ed as follo"s -
Easier 'iling /ia toda*0s technolog* changes
Reduction in soe o' the .re/iousl* allowed ex.enses
1re2clai consultation and si.li'ied online 'iling
A 'ocus and disclosure re3uireent on who .re.ares *our clai and 'or how uch
,y and o" does your fir$ finance a SR ED credit2 %f you're in te $a+ority "o
believes ' cas is &ing 3a SRED !%-A-'E L4A- is si$ply te i$$ediate $oneti1ation
of your clai$. ,ile so$e $ay vie" te callenge of preparing and filing a clai$ as
"or& enoug# +ust i$agine te issue around "aiting for your clai$ to be revie"ed#
audited# and approved.
Tat ti$eline could be "ee&s but *uite often $onts. Don't forget also tat te cas you
receive on a SR&ED loan can be used for any general co$pany purpose. ,ile $any
fir$s ploug bac& te funds into $ore R&D funds are also used for "or&ing
capital5operating e(penses# gro"t# etc.
Ta( credit loans are financing in a very creative $anner. 6ou receive 7/8 of te total
clai$ as a bridge loan. -o pay$ents are $ade for te duration of te loan and "en your
clai$ is approved and funded by te govt you i$$ediately receive te balance of te
clai$ less financing costs.
Te application process2 %t couldn)t be $ore si$ple and basic. A typical loan pac&age
"ould include your financials# a copy of your SR&ED filing# and details on "o prepared
your clai$ and if you ave ad previous clai$s tat "ere approved# te latter being
i$portant# nice to ave# but not necessary.
9reparing a clai$ but aven)t filed yet. 6our clai$ can also be financed on a pre-filing
basis.
Loo&ing to ' get aead ' in R&D spending. 'onsider SRED finance loans as a *uic& "ay
to $oneti1e te ta( credit asset. See& out and spea& to a trusted, credi(le and
ex.erienced Canadian (usiness Financing Ad/isor with a trac- record o' success
Stan 1ro-o. - 4 1ar- A/enue Financial :
htt.:55www)4.ar-a/enue'inancial)co
:usiness financing for 'anadian !ir$s # speciali1ing in "or&ing capital# cas flo"# asset
based financing # E*uip$ent Leasing # francise finance and 'dn. Ta( 'redit !inance .
!ounded ;//< - 'o$pleted in e(cess of =/ >illion ? of financing for 'anadian
corporations . %nfo 5'ontact @
4 1AR6 A#E78E FI7A7CIAL 9 CA7ADIA7 SR$ED TA: CREDIT
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